HOBIX vs. HOBEX

Last updated Apr 1, 2026

Compare and contrast key facts about Holbrook Income Fund Class I (HOBIX) and Holbrook Income Fund (HOBEX).

HOBIX is an actively managed fund by Holbrook Holdings. It was launched on Jul 6, 2016. HOBEX is managed by Holbrook Holdings. It was launched on Jul 6, 2016.

Performance

HOBIX vs. HOBEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Holbrook Income Fund Class I (HOBIX) and Holbrook Income Fund (HOBEX). The values are adjusted to include any dividend payments, if applicable.

HOBIX vs. HOBEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HOBIX Holbrook Income Fund Class I	0.82%	7.67%	7.66%	5.65%	-2.91%	6.13%	7.45%	7.70%	1.74%	2.75%
HOBEX Holbrook Income Fund	0.64%	7.23%	7.16%	4.74%	-3.42%	6.25%	6.83%	7.30%	1.26%	2.42%

Returns By Period

In the year-to-date period, HOBIX achieves a 0.82% return, which is significantly higher than HOBEX's 0.64% return.

HOBIX

• 1D: 0.10%
• 1M: -0.20%
• YTD: 0.82%
• 6M: 2.12%
• 1Y: 6.18%
• 3Y*: 7.01%
• 5Y*: 4.22%
• 10Y*: —

HOBEX

• 1D: 0.00%
• 1M: -0.20%
• YTD: 0.64%
• 6M: 1.81%
• 1Y: 5.69%
• 3Y*: 6.37%
• 5Y*: 3.74%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HOBIX vs. HOBEX - Expense Ratio Comparison

HOBIX has a 1.05% expense ratio, which is lower than HOBEX's 1.60% expense ratio.

HOBEX

Holbrook Income Fund

HOBIX

Holbrook Income Fund Class I

Return for Risk

HOBIX vs. HOBEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HOBIX

HOBIX Risk / Return Rank: 99
HOBIX Sharpe Ratio Rank: 99
HOBIX Sortino Ratio Rank: 99
HOBIX Omega Ratio Rank: 100
HOBIX Calmar Ratio Rank: 99
HOBIX Martin Ratio Rank: 99

HOBEX

HOBEX Risk / Return Rank: 99
HOBEX Sharpe Ratio Rank: 98
HOBEX Sortino Ratio Rank: 99
HOBEX Omega Ratio Rank: 99
HOBEX Calmar Ratio Rank: 99
HOBEX Martin Ratio Rank: 99

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HOBIX vs. HOBEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Holbrook Income Fund Class I (HOBIX) and Holbrook Income Fund (HOBEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	HOBIX	HOBEX	Difference
Sharpe ratio Return per unit of total volatility	3.23	2.87	+0.36
Sortino ratio Return per unit of downside risk	9.39	6.94	+2.45
Omega ratio Gain probability vs. loss probability	3.88	2.38	+1.51
Calmar ratio Return relative to maximum drawdown	8.29	7.70	+0.59
Martin ratio Return relative to average drawdown	30.92	27.63	+3.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HOBIX vs. HOBEX - Sharpe Ratio Comparison

The current HOBIX Sharpe Ratio is 3.23, which is comparable to the HOBEX Sharpe Ratio of 2.87. The chart below compares the historical Sharpe Ratios of HOBIX and HOBEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HOBIX	HOBEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.23	2.87	+0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.61	1.45	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.75	+0.08

Correlation

The correlation between HOBIX and HOBEX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

HOBIX vs. HOBEX - Dividend Comparison

HOBIX's dividend yield for the trailing twelve months is around 5.99%, more than HOBEX's 5.54% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HOBIX Holbrook Income Fund Class I	5.99%	6.45%	7.04%	6.35%	5.31%	3.97%	6.30%	3.51%	4.32%	2.12%
HOBEX Holbrook Income Fund	5.54%	5.94%	6.58%	5.05%	4.83%	4.00%	5.44%	3.05%	3.84%	1.69%

Drawdowns

HOBIX vs. HOBEX - Drawdown Comparison

The maximum HOBIX drawdown since its inception was -23.52%, roughly equal to the maximum HOBEX drawdown of -23.58%. Use the drawdown chart below to compare losses from any high point for HOBIX and HOBEX.

Drawdown Indicators

	HOBIX	HOBEX	Difference
Max Drawdown Largest peak-to-trough decline	-23.52%	-23.58%	+0.06%
Max Drawdown (1Y) Largest decline over 1 year	-0.72%	-0.71%	-0.01%
Max Drawdown (5Y) Largest decline over 5 years	-4.16%	-4.57%	+0.41%
Current Drawdown Current decline from peak	-0.20%	-0.20%	0.00%
Average Drawdown Average peak-to-trough decline	-0.99%	-1.08%	+0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.22%	0.23%	-0.01%

Volatility

HOBIX vs. HOBEX - Volatility Comparison

The current volatility for Holbrook Income Fund Class I (HOBIX) is 0.25%, while Holbrook Income Fund (HOBEX) has a volatility of 0.33%. This indicates that HOBIX experiences smaller price fluctuations and is considered to be less risky than HOBEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HOBIX	HOBEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.25%	0.33%	-0.08%
Volatility (6M) Calculated over the trailing 6-month period	1.57%	1.62%	-0.05%
Volatility (1Y) Calculated over the trailing 1-year period	2.09%	2.16%	-0.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.64%	2.60%	+0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.78%	5.77%	+0.01%